Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$465M |
| 2 |
Microsoft
MSFT
|
+$373M |
| 3 |
Amazon
AMZN
|
+$274M |
| 4 |
ExxonMobil
XOM
|
+$253M |
| 5 |
Meta Platforms (Facebook)
META
|
+$251M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SE
Spectra Energy Corp Wi
SE
|
+$249M |
| 2 |
STJ
St Jude Medical
STJ
|
+$203M |
| 3 |
LLTC
Linear Technology Corp
LLTC
|
+$156M |
| 4 |
HAR
Harman International Industries
HAR
|
+$71.2M |
| 5 |
CSC
Computer Sciences
CSC
|
+$56.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.77% |
| 2 | Financials | 15.74% |
| 3 | Healthcare | 13.31% |
| 4 | Industrials | 10.5% |
| 5 | Consumer Discretionary | 9.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1851
Clearwater Paper
CLW
$366M
| $7.05M | ﹤0.01% |
125,881
+5,841
| +5% | +$346K |
|
1852
OraSure Technologies
OSUR
$268M
| $7.05M | ﹤0.01% |
544,980
-6,062
| -1% | -$62.7K |
|
|
UBNK
1853
DELISTED
United Financial Bancorp, Inc.
UBNK
| $7.04M | ﹤0.01% |
414,100
+21,049
| +5% | +$370K |
|
1854
Seacoast Banking Corp of Florida
SBCF
$3.42B
| $7.04M | ﹤0.01% |
293,554
+44,770
| +18% | +$1.03M |
|
|
SYNT
1855
DELISTED
Syntel Inc
SYNT
| $7.03M | ﹤0.01% |
417,791
+34,680
| +9% | +$672K |
|
1856
GoPro
GPRO
$107M
| $7M | ﹤0.01% |
804,345
+70,449
| +10% | +$639K |
|
1857
ATN International
ATNI
$481M
| $6.96M | ﹤0.01% |
98,797
-12,373
| -11% | -$942K |
|
|
LDL
1858
DELISTED
Lydall, Inc.
LDL
| $6.94M | ﹤0.01% |
129,466
-4,346
| -3% | -$247K |
|
|
BGC
1859
DELISTED
General Cable Corporation
BGC
| $6.94M | ﹤0.01% |
386,417
+40,338
| +12% | +$723K |
|
1860
Kelly Services Class A
KELYA
$536M
| $6.93M | ﹤0.01% |
316,881
+32,392
| +11% | +$711K |
|
1861
SiteOne Landscape Supply
SITE
$4.32B
| $6.92M | ﹤0.01% |
142,980
+2,842
| +2% | +$114K |
|
1862
Box
BOX
$4.55B
| $6.92M | ﹤0.01% |
424,197
+76,002
| +22% | +$1.28M |
|
|
ORIT
1863
DELISTED
Oritani Financial Corp. New
ORIT
| $6.92M | ﹤0.01% |
406,984
+14,230
| +4% | +$245K |
|
|
MSFG
1864
DELISTED
MainSource Financial Group Inc
MSFG
| $6.91M | ﹤0.01% |
209,772
+3,100
| +1% | +$103K |
|
|
TRUE
1865
DELISTED
TrueCar
TRUE
| $6.91M | ﹤0.01% |
446,370
+16,483
| +4% | +$229K |
|
|
FNFV
1866
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $6.9M | ﹤0.01% |
521,072
+12,322
| +2% | +$155K |
|
|
ATSG
1867
DELISTED
Air Transport Services Group
ATSG
| $6.89M | ﹤0.01% |
429,566
+14,774
| +4% | +$241K |
|
|
VRTU
1868
DELISTED
Virtusa Corporation
VRTU
| $6.89M | ﹤0.01% |
227,982
+16,562
| +8% | +$477K |
|
|
BKI
1869
DELISTED
Black Knight, Inc. Common Stock
BKI
| $6.89M | ﹤0.01% |
179,819
+5,548
| +3% | +$209K |
|
|
TRTN
1870
DELISTED
Triton International Limited
TRTN
| $6.88M | ﹤0.01% |
266,692
+18,778
| +8% | +$436K |
|
|
OSG
1871
Octave Specialty Group
OSG
$205M
| $6.87M | ﹤0.01% |
364,329
+27,263
| +8% | +$574K |
|
1872
National CineMedia
NCMI
$355M
| $6.86M | ﹤0.01% |
54,342
+8,641
| +19% | +$1.16M |
|
1873
National Bank Holdings
NBHC
$1.92B
| $6.86M | ﹤0.01% |
210,957
-12,027
| -5% | -$387K |
|
1874
Lattice Semiconductor
LSCC
$17.9B
| $6.8M | ﹤0.01% |
982,777
+59,689
| +6% | +$422K |
|
|
CWEN.A
1875
DELISTED
Clearway Energy Class A
CWEN.A
| $6.8M | ﹤0.01% |
390,944
+20,553
| +6% | +$337K |
|
Similar funds
Geode Capital Management's Q1 2017 Portfolio in Review
As of Q1 2017, Geode Capital Management held 4,180 positions worth $244B, up 13% from $215B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Geode Capital Management deployed $16.9B of net new capital in Q1 2017, opening 139 new positions and adding to 3,365 existing holdings. Its largest new stake was Bioverativ Inc. Common Stock: 786,074 shares worth $42.8M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Computer Sciences, an estimated $56.7M trimmed.
- Geode Capital Management's largest Q1 2017 buy was Bioverativ Inc. Common Stock: 786,074 shares worth $42.8M.
- Geode Capital Management added most to Apple in Q1 2017, an estimated $465M increase.
- Geode Capital Management's biggest Q1 2017 reduction was Computer Sciences, cutting an estimated $56.7M.
- Geode Capital Management fully exited Spectra Energy Corp Wi in Q1 2017, selling an estimated $249M.
- Geode Capital Management's ten largest holdings make up 16% of its $244B portfolio in Q1 2017.
- Geode Capital Management opened 139 new positions and closed 111 in Q1 2017.
- Geode Capital Management's portfolio value rose 13% quarter-over-quarter to $244B.
Based on Geode Capital Management's 13F filing for Q1 2017, filed 12 May 2017.